JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stock Position Decreased by NewEdge Advisors LLC

NewEdge Advisors LLC lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 350,917 shares of the company’s stock after selling 18,689 shares during the period. NewEdge Advisors LLC owned 0.08% of JPMorgan Ultra-Short Income ETF worth $17,711,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of JPST. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $25,000. LRI Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $30,000. Triad Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $32,000. Cooksen Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $36,000. Finally, Tucker Asset Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 75.7% during the 4th quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after purchasing an additional 317 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.74 on Monday. The company’s fifty day moving average is $50.57 and its 200-day moving average is $50.44. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.74.

About JPMorgan Ultra-Short Income ETF

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.